Month: June 2019
No amendment possible in Invoices reported in Form GSTR 1 pertaining to FY 2017-18 as due date of filing of GSTR 1, for March, 2019 has already passed-GSTN GSTN has issued the following advisory: 1. Some taxpayers have reported that they are not able to amend the invoices …
Guidelines for use of Geographical Indication (GI) Logo and Tagline P-24026/10/2018-IPR-IV-Part (1)Government of IndiaMinistry of Commerce & Industry(Department for Promotion of Industry and Internal Trade) Udyog Bhavan, New Delhi-1100 11.Dated: 24th June, 2019 PUBLIC NOTICE Subject: Guidelines for permitting the use of Geographical Indication (GI) Logo and Tagline- …
Extension of time for completion of e-form DIR-3 KYC/ web-based service to be notified shortly – MCA Circular General Circular No. 07/2019 F.No.01/22/2013-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor ‘A’ Wing Shastri Bhawan Dr. R. P. Road, New Delhi Dated: 27.06.2019 To All Regional Directors, …
CBDT has exempted 702 startups from angel tax u/s 56(2)(viib) of Income Tax Act. Startups receiving investments from Ventures Capital Fund are exempt from taxation as per provision of Section 56(2)(viib) of Income Tax Act 1961 (Act). Angel Fund is sub category of Ventures Capital Fund under Category-I …
CBDT transfers 385 officers in the grade of Assistant Commissioner/Deputy Commissioner CBDT has ordered the following transfer/postings of the officers in the grade of Assistant Commissioner/Deputy Commissioner of Income Tax with immediate effect. Region No. of Transfers TAMILNADU& PUDUCHERRY 32 KARNATAKA & GOA 9 KERALA 10 ODISHA 1 …
Indian Filling compound, tank, low land etc. with silver sand and earthwork in layers classifiable as site preparation service under GST and taxable @ 18% ABCAUS Case Law Citation: ABCAUS 3037 (2019) (06) AAR The Applicant had procured two contracts for filling in the compound, tank, low land …
RBI urges public to accept all coins as legal tender. Bank urges traders, shop-keepers & public to not to give credence to rumours of fake coins Reserve Bank of India Date : Jun 26, 2019 The Reserve Bank of India puts into circulation coins minted by the Government of …
DG Audit discloses GST audit plan & strategy for the year 2019-20. Audit to cause least inconvenience and shall be desk-based for small category of taxpayers. The Directorate General of Audit (DG Audit), an organization under Ministry of Finance, Department of Revenue was created by the Central Board …
Service of moving empty or loaded wagons/rakes at siding is classifiable as railway pushing and towing service ABCAUS Case Law Citation:ABCAUS 3036 (2019) (06) AAR The Applicant was leasing out cranes and equipment and locomotives and provided diesel-hydraulic locomotives to several companies for placement/shunting of rakes/wagons/oil tankers from …
Cash Payments itself not undisclosed income of assessee in the absence of corresponding asset found at the time of search. ITAT deleted penalty u/s 271AAB. ABCAUS Case Law Citation: ABCAUS 3035 (2019) (06) ITAT Important Case Laws Cited/relied upon by the parties: NTPC vs. CIT 229 ITR 383 …
